Bitcoin taps $40K to finish July on bullish note

Bitcoin has jumped 7% over the past week, finishing July with a bullish flourish that could signal the end of a multi-month decline. Across the market, cryptoassets are flashing double-digit weekly returns. Ethereum has doubled Bitcoin’s gains by adding 14% ahead of the EIP-1559 upgrade en route to Ethereum 2.0, XRP has risen 15% on freshly signed partnerships, and the release of a newContinue reading “Bitcoin taps $40K to finish July on bullish note”

Inflation fears send Bitcoin below $32K

Crypto sinks with stocks on economic uncertainty Bitcoin’s summer slump continues, with prices falling below $32K as post-pandemic inflation fears wash over the cryptocurrency market. The U.S. Labor Department released data last week showing that U.S. consumer prices spiked beyond expectations in June. Major stock indices started falling shortly afterwards, and Bitcoin — already feeling jittery aboutContinue reading “Inflation fears send Bitcoin below $32K”

DeFi boosts market as Bitcoin taps on $35K

Compound jumps 40% while Aave and Uniswap enjoy 20% gains As Ethereum has pushed almost 10% higher this week, Bitcoin has drifted sideways on mixed headlines. The Chinese clampdown on mining continues to drive uncertainty in the market, along with the ramp up of regulatory discussion in the U.S. Yet this is matched by equal amounts of positive news, with Michael Saylor’s BitcoinContinue reading “DeFi boosts market as Bitcoin taps on $35K”

Bitcoin eyes $35K after volatile week

Headwinds from China collide with optimism in Latin America Bitcoin is bouncing towards $35K, after a storm of volatility sent the crypto asset down to its lowest point in nearly five months. While enforcement in China and a Bitcoin heist in South Africa have added to the uncertainty pushing prices lower, the market is being supported tailwinds from the West: ElContinue reading “Bitcoin eyes $35K after volatile week”

Bitcoin falls 15% on inflation bombshell

Crypto sinks with stocks as the Fed acknowledges inflation Bitcoin has fallen 15% over the last week as the market weighs the impact of big shifts in the crypto ecosystem and broader macro environment. On Wednesday, Fed chairman Jerome Powell acknowledged rising inflation, and responded by bringing forward the timing of the next interest rate hike toContinue reading “Bitcoin falls 15% on inflation bombshell”

Bitcoin bounces as Elon adds to El Salvador optimism

While altcoins bleed, Bitcoin moves in on $40K Bitcoin is bouncing back. The crypto king has reclaimed its throne, and is closing in on $40K as the altcoin market stagnates. El Salvador’s approval of Bitcoin as legal tender on Thursday could be credited with the turnaround, boosting market sentiment and sparking a wave of interest from politicians acrossContinue reading “Bitcoin bounces as Elon adds to El Salvador optimism”

Crypto market drifts sideways on announcement at Bitcoin Miami 2021

Will Bitcoin become legal tender in El Salvador? Bitcoin has drifted sideways this week; caught between waves of volatility as bad news from China and tweets from Elon Musk rock the market back and forth. Prices approached $40K on Friday, before Musk tweeted a broken heart emoji with the Bitcoin logo, triggering a 7% drop. FearsContinue reading “Crypto market drifts sideways on announcement at Bitcoin Miami 2021”

Basics of technical analysis

Since becoming a popular investor on eToro, Andy Cleaver has been trying to help his copiers learn more about both trading and investing. When it comes to learning a new skill, many people have the tendency to dive straight in at the deep end and sometimes forget that they need to learn how to swim first. ThisContinue reading “Basics of technical analysis”

Get to know an Elite Popular Investor: Gasper Sopi

Gasper Sopi has more than eight years of trading experience. An Elite Popular Investor on eToro, he has more than 1,700 copiers and almost 10,000 followers. He has important advice for those contemplating copying a Popular Investor: Make sure your investment goals align with the Popular Investor and stick with him for at least aContinue reading “Get to know an Elite Popular Investor: Gasper Sopi”

6 investment strategies for beating the markets

The beauty of today’s global investing ecosystem is that it is no longer reserved just for the Wall Street big sho(r)ts. The levelling of the investing field, to which eToro has made a significant contribution, has enabled the average Joe and Jane to participate in the highly competitive game of investing, almost shoulder to shoulder with whatContinue reading “6 investment strategies for beating the markets”

Create your website with WordPress.com
Get started